Premier Bank Limited

The Premier Bank Limited (PBL) is a private commercial bank with its registered office in Banani, Dhaka, Bangladesh.[3][4] Dr. H. B. M. Iqbal is the Chairman[5] and Shafiqur Rahman is one of the founder & Director of this Bank.[6] M. Reazul Karim, FCMA is the current Managing Director & CEO.[7]

Agrabad Corporate Branch, Chittagong.
The Premier Bank Limited
TypePublic Limited Company
IndustryBanking
Founded1999
Headquarters42 Kemal Ataturk Avenue, Banani,
Dhaka
,
Bangladesh
Number of locations
118 Branches, 10 Sub-Branches, 186 Agent Outlets
Area served
Bangladesh
Key people
  • HBM Iqbal (Chairman)
  • Shafiqur Rahman (Founder & Director) M. Reazul Karim, (MD & CEO)
[1]
ServicesRetail banking, corporate banking, credit cards
Revenue ৳12,951.78 million (2019)[2]
৳7,317.46 million (2019)[2]
Total assets ৳261,900,49 million (2019)[2]
Number of employees
 1,947 (2019)[2]
SubsidiariesPremier Bank Securities Limited [2]
Websitewww.premierbankltd.com

History

The bank was incorporated on June 10, 1999.[3] Bangladesh Premier league sold its tickets in 2013 from branches of the bank.[8] In 2014 the Bank was fined 2 million Bangladesh taka for money laundering along with seven other banks.[9] In 2016, money 4 million taka was stolen from ATMs of the bank using cloned Saudi Arabian credit cards.[10] The managing director and CEO of the bank is Mr. M Reazul Karim.[11]

Premier Bank Limited is operating all over Bangladesh with 119 branches, 123 agent banking outlets and 81 ATMs as of 31 December 2020. Premier Bank Limited offers card services which includes automated teller machine (ATM), debit and credit cards. Premier Bank Limited also offers various fund transfer services like core banking system, Bangladesh automated clearing house, real-time gross settlement, national payment switch Bangladesh, SWIFT, electronic funds transfer (electronic bill payment, mobile payment), cheque and EDS Money which is an electronic trading platform. Customer service facilities includes call centre and help desk are also available.

References
  1. "Management". Premier Bank.
  2. "Annual Report 2019" (PDF). The Premier Bank Ltd. Retrieved 13 February 2021.
  3. Mazid, Muhammad Abdul. "Premier Bank Limited". Banglapedia. Retrieved 31 October 2016.
  4. "Premier Bank signs MoU with CPTU". The Financial Express. Dhaka. Retrieved 31 October 2016.
  5. "Chairman - Home". premierbankltd.com. Retrieved 2021-11-06.
  6. "Director's Profile - Home". premierbankltd.com. Retrieved 2021-11-06.
  7. "Reazul Karim, reappoints as MD & CEO of Premier Bank". The Business Standard. 2021-04-21. Retrieved 2021-11-06.
  8. "Premier Bank to sell BPL tickets". The Daily Star. 14 January 2013. Retrieved 31 October 2016.
  9. "Eight banks fined under money laundering act". bdnews24.com. Retrieved 31 October 2016.
  10. "Another ATM fraud". The Daily Star. 3 March 2016. Retrieved 31 October 2016.
  11. "Premier Bank AGM approves 5.0pc cash, 5.0pc stock dividend". The Financial Express. Dhaka. Retrieved 2021-02-13.


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